Studio apartment

R 1,143,000

Can I afford this?
13 days ago25 views
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General Details
For Sale By:Agency
Dwelling Type:Apartment
Bedrooms (#):1
Bathrooms (#):1
Size (sqm):24
Parking:None
Description
Your investment starts here! Micro units for sale in the vibrant Woodstock area centrally located near Cape Town city center and surroundings. Woodstock is a popular tourist attraction due to its trendy thrift shops, cool coffee shops and other hot spots in between. Its Suitable for young professionals to live in or as an investment to rent as Air BnB or for student accomodation. Currently the building 1A on Albert is very popular for Air Bnb with high occupancy rate and yield history.
The key features in this amazing investment package are the following:
- Units come with durable Air Bnb furniture and appliances making this a plug and play investment.
- This development falls under UDZ (Urban Development Zone) a tax incentive over a 10 year period allowing you to save and walking away with more in your pocket.
- Mountain views
- Natural light beaming into the apartment
- Bathroom has a modern shower, toilet and basin
- Communal Pool, Gym and lounge area
- Strict Security
- No Transfer Duty
Parking bay is excluded however it can be arranged at an additional cost.
Note: There are multiple apartments available ranging from 24sqm to 60sqm. Lets discuss starting your property investment portfolio or if you already have one, lets expand it. Contact me today!

Has Pool
Property Reference #: 7002001-49326

Agent Details:
Moneerah Omar
EXP Realty
South Africa
13 Nankies Nook
Eldoraigne , Eldo Park Estate ,
157
Id Subtitle 1274181300
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Estimated monthly repaymentR 12,387
Total property loan amountR 1,143,000
Total interestR 1,829,826
Total repaymentR 2,972,826
Interest rate at 11.75% for 20 years *
* The interest rate is by default set to the prime lending rate. Banking institutions may choose to lend to individuals at a rate above or below this prime rate.
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EXP Realty
Selling for 2+ years
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Active Ads7.26K
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